Convenience store openings increase steadilyVietNamNet Bridge - The Vietnamese retail market, which had record-high revenue of $69.45 billion in the first half of the year, is witnessing a rush of convenience store openings. The retail market maintains the growth rate of 10 percent per annumThe retail market has maintained a stable growth rate of 10 percent in recent years, an attractive figure in the eyes of international retailers.The growth rate tends to increase steadily. GS25, a newcomer in Vietnam, plans to open 50 shops in Vietnam this year, mostly in HCMC, before it marches towards Hanoi by early 2020. GS25, a newcomer in Vietnam, plans to open 50 shops in Vietnam this year, mostly in HCMC, before it marches towards Hanoi by early 2020. Saigon Co-op, the largest Vietnamese owner retail chain, recently launched a 24 hour retail service under the brand ‘Cheers’.
